TABLE 2.20 PERFORMANCE DATA FOR 10 MOTION PICTURES Opening Gross Sales ($millions) Total Gross Sales ($millions) Weeks Number of Theaters in Release Motion Picture Harry Potter and the Deathly Hallows Part 2 Transformers: Dark of the Moon The Twilight Saga: Breaking Dawn 169.19 381.01 4375 19 97.85 352.39 4088 15 138.12 281.29 4066 14 Part 1 3675 4164 254.46 The Hangover Part II Pirates of the Caribbean: On Stranger 85.95 16 90.15 241.07 19 Tides Fast Five 86.20 209.84 3793 15 Mission: Impossible– Ghost Protocol 12.79 208.55 3555 13 Cars 2 66.14 191.45 4115 25 Sherlock Holmes: A 39.64 186.59 3703 13 Game of Shadows Thor 65.72 181.03 3963 16

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Motion Picture Industry

The motion picture industry is a competitive business. More than 50 studios produce a total of 300 to 400 new motion pictures each yea1 and the financial success of each motion picture varies considerably. The opening weekend gross sales ($millions), the total gross sales ($millions). the number of theaters the movie was shown in. and the number of weeks

the motion picture was in release are common variables used to measure the success of a motion picture. Data collected for the top 100 motion pictures produced in 2011 are contained in the file named 2011 Movies (Box Office Mojo. March 17,2012).Table 2.20 shows the data for the first 10 motion pictures in this file.

Managerial Report

Use the tabular and graphical methods of descriptive statistics to learn how these variables contribute to the success of a motion picture.

Include the following in your report.

1.Tabular and graphical summaries for each of the four variables along with a discussion of what each summary tells us about the motion picture industry.

2. A scatter diagram to explore the relationship between Total Gross Sales and Opening Weekend Gross Sale Discuss.

3. A scatter diagram to explore the relationship between Total Gross Sales and Number of Discuss.

4. A scatter diagram to explore the relationship between Total Gross Sales and Number of Weeks in Discuss.

TABLE 2.20 PERFORMANCE DATA FOR 10 MOTION PICTURES
Opening
Gross Sales
($millions)
Total
Gross Sales
($millions)
Weeks
Number of
Theaters
in Release
Motion Picture
Harry Potter and the
Deathly Hallows
Part 2
Transformers: Dark
of the Moon
The Twilight Saga:
Breaking Dawn
169.19
381.01
4375
19
97.85
352.39
4088
15
138.12
281.29
4066
14
Part 1
3675
4164
254.46
The Hangover Part II
Pirates of the Caribbean:
On Stranger
85.95
16
90.15
241.07
19
Tides
Fast Five
86.20
209.84
3793
15
Mission: Impossible–
Ghost Protocol
12.79
208.55
3555
13
Cars 2
66.14
191.45
4115
25
Sherlock Holmes: A
39.64
186.59
3703
13
Game of Shadows
Thor
65.72
181.03
3963
16
Transcribed Image Text:TABLE 2.20 PERFORMANCE DATA FOR 10 MOTION PICTURES Opening Gross Sales ($millions) Total Gross Sales ($millions) Weeks Number of Theaters in Release Motion Picture Harry Potter and the Deathly Hallows Part 2 Transformers: Dark of the Moon The Twilight Saga: Breaking Dawn 169.19 381.01 4375 19 97.85 352.39 4088 15 138.12 281.29 4066 14 Part 1 3675 4164 254.46 The Hangover Part II Pirates of the Caribbean: On Stranger 85.95 16 90.15 241.07 19 Tides Fast Five 86.20 209.84 3793 15 Mission: Impossible– Ghost Protocol 12.79 208.55 3555 13 Cars 2 66.14 191.45 4115 25 Sherlock Holmes: A 39.64 186.59 3703 13 Game of Shadows Thor 65.72 181.03 3963 16
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps with 6 images

Blurred answer
Knowledge Booster
Types of Data and Their Measurement
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman